Current sectionIsrael NewsTech NewsThe Israeli work management software company says restructuring is aimed at adapting to the AI era. A total of 350 employees are expected to be laid off in Israel, where more than half of the company's workforce is employedShare to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribeOmri Zerachovitzand TheMarker02:37 PM • July 22 2026 IDTIsraeli work management software company Monday.com said Wednesday it would lay off 20 percent of its workforce, cutting 620 positions, approximately 350 of them in Israel.Loading...Click the alert icon to follow topics:Israel high-techIsrael business newsIsrael economyArtificial Intelligence (AI)CommentsLoading...In the NewsIn the News: Live UpdatesTrumpEisenkotMamdani-NetanyahuPalestinian AuthorityLindsey GrahamIsrael ElectionsHaQuizHaaretz PodcastIsraeli Tech Firm Monday.com to Lay Off Fifth of Staff as Shares Fall by 50%I'm Happy About My Confrontation With Israeli Regime Activist Mordechai DavidShe Was Tired of Women Being Humiliated at the Gynecologist. So She Animated ItHerzog's Residence Spent Over $100,000 on Hair and Makeup During His TenureJerusalem Film Festival Chief Urges Palestinian Filmmakers to EngageRemembering and rebuilding two years laterICYMIThe Most Optimistic Israeli in Jerusalem Is Leaving the CountryAs Ground Invasion Looms, U.S. and Iran Want Wild-card Israel Out of the FightBetween Messi and Milei: How Argentina Became Israel's Team at the World CupDemocrats Rejected U.S. Aid to Israel, and AIPAC Couldn't Stop ThemThe Original Ozempic Society of Ancient Rome'Choose Hope': Natalie Portman Backs Arab-Jewish Party Ahead of Israeli Election